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Review of construction sector in Azerbaijan (January-October 2012)

Analysis Materials 15 December 2012 15:20 (UTC +04:00)

According to the Azerbaijani State Statistics Committee, the volume of construction work in Azerbaijan increased by 30.9 percent as of early November 2012 compared to the same period of last year. In particular, the volume of construction work carried out by state-owned companies hit 24.6 percent of the total amount of work, while private companies - 75.4 percent

Some 72.9 percent of the total volume of construction work fell to the primary construction, reconstruction and expansion, 14 percent - overhaul, 2.3 percent - current repair, 10.8 percent - other construction work.

In January-October, volume of housing commissioning in Azerbaijan fell by 11.3 percent. In October, compared to September, volume of housing commissioning in Azerbaijan increased by 7.2 percent, and compared to October 2011 - by 10.5 percent.

Some 1.067.9 million square meters of housing were commissioned in January-October 2012 compared to 1.506.9 million square meters a year earlier. A 11.3 percent -decrease was observed in these volumes.

Prices as of November 2012

Name of places

Price
1 sq.m/$

Nasimi bazar

1367

"Sharq bazari"

1168

"Teze bazar"

1377

Yasamal bazar

1250

Akhundov garden

1868

Zorge garden

1352

Molokan garden

2489

Samad Vurgun park

1715

Badamdar settlement

1109

Bail settlement

1132

Bakikhanov settlement

989

Balajari settlement

1060

Bina settlement

712

Buzovna settlement

779

Vorovski settlement

1528

Garachukhur settlement

954

Darnagul settlement

822

Zabrat settlement

708

Zikh settlement

995

Yasamal settlement

1152

New yasamal settlement

784

Yeni Guneshli settlement

945

20-th sector settlement

857

Keshla settlement

1058

Kohne Guneshli settlement

997

Lokbatan settlement

792

Montin settlement

1344

Mushfiq settlement

612

Rasulzade settlement

1121

Sabunchi settlement

999

Sakhil settlement

793

Surakhani settlement

995

Khirdalan

848

A. Aslanov settlement

837

Hovsan settlement

794

Ahmedli settlement

838

Near zoo

1444

Baku cinema

920

Qalaba cinema

1060

Drujba cinema

1253

Azerbaijan cinema

2307

Nizami cinema

2155

G.Z. Taghieyv industrial complex

1015

Neapol area

913

Ukraine area

1032

May 28 street

1699

A. Neymat street

1327

Bakikhanov street

1560

D. Aliyeva street

1390

Z. Bunyatov prospect

1032

Z. Khalilov prospect

1433

Hasan Aliyev prospect

1228

Istiglaliyat street

1936

M. Qashqai street

1257

M. Khadi street

892

Mehmandarov street

884

N. Tusi street

862

Nakhchivan street

1219

Nizami street

2272

Nizami street (Torgovaya)

2520

R. Behbudov street

1821

S. Vurgun street

1566

Tebriz strret

1245

Fizuli street

1792

Khagani street

1955

U. Hajibayov street

1445

Shikhlinski street

966

Z. Aliyeva street

1938

J. Hajabayli street

1606

E. Alakbarov street

1548

Sharifzade street

1169

"January 20" metro station

1284

"May 28" metro station

1769

"Icherisheher" metro station

1862

"Gara Garayev" metro station

1127

"Elmler Akademiyasi" metro station

1354

"Inshaatchilar" metro station

1208

"Memar Ajemi" metro station

1221

"Neftchiler" metro station

1196

"Nizami" metro station

1460

"N. Narimanov" metro station

1435

"Sahil" metro station

2232

"Khalglar dostlugu" metro station

1023

"Khatai" metro station

1193

"A.Aslanov" metro station

925

"Ganjlik" metro station

1461

"Akhmedli" metro station

1433

1-st micro-region

1041

2-nd micro-region

1004

3-rd micro-region

1121

4-th micro-region

1115

5- th micro-region

1078

6- th micro-region

1019

7- th micro-region

1037

8- th micro-region

1227

9- th micro-region

1018

Icherisheher

2035

Europe hotel

1244

"Hyаtt Rеgеncy" hotel

1278

U.S embassy

1352

Russian embassy

1409

Azadliq prospect

1325

Azerbaijan prospect

2019

Ataturk prospect

1352

Babak prospect

1162

Bulbul prospect

2169

Inshaatchilar prospect

1347

H. Aliyev prospect

1331

Metbuat prospect

1151

Neftchilar prospect

2035

Narimanov prospect

1383

Parliament prospect

1855

Tbilisi prospect

1202

F. H. Hoyski propect

1290

H. Javid prospect

1445

Ganja prospect

899

Novel prospect

795

A. Sultanova monument

1256

K. Marx monument

1182

N. Narimanov monument

1435

School No20

1555

Airline cash desk

1331

Azneft area

2155

"Beshmertebe"

1827

Central universal department store

1868

H. Aliyev palace

1567

Olimp store

1376

Fountain square

2465

Hospital No5

1283

8 kilometer settlement

1117

Javanshir bridge

1322

Narimanov district court

1293

Azerbaijani drama

1716

Statistics committee

1451

Medical university

1360

Radio works

981

Khazar department store

889

As of November 1, 2012, the companies producing construction materials in Azerbaijan, produced goods worth 260.3 million manat, which is 18.2 percent more than the same period of 2011. According to the information, around 1.7 million tons of cement, 115,500 tons of plaster, 1,023 tons of finished concrete were produced for ten months of 2012.

Around 460,100 tons of asphalt and 203,000 cubic meters of prefabricated buildings made of concrete were produced during this period.

The stocks of construction materials worth 10.9 million manat were prepared at the warehouses of enterprises by Nov. 1, 2012 or 3.7 percent of the total volume of finished goods in the country.

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